Saudi Aramco will receive engineering, procurement, construction and installation services, fabrication services and facility maintenance for development of non-associated gas fields and production as it expands offshore to Red Sea.
Through a cooperation agreement, multiclient seismic imaging company Spectrum Geo and oilfield services company Schlumberger Ltd. will jointly acquire and process Spectrum’s offshore Mexico Campeche-Yucatan 2-D regional multiclient program.
Saginaw, Texas-based Connor Oil Tools manufactures well intervention products, and they will join the product range of Legacy Oil Tools, said David Wesson, Geodynamics’ president and CEO.
Services companies have taken the hardest hit in industry from the oil price drop, Bloomberg said. Companies with weaker balance sheets might need to consider mergers to survive.
Houston-based Sprint Energy Services LP provides wellsite waste management, environmental and safety solutions, technical services and rental equipment. Sprint has eight regional offices across three major shale basins.
With offices in Hong Kong, Singapore and New York, the acquisition of APC will expand Argan’s operations internationally.
Field inspection, certification and inspections company QIC will maintain its brand and operate as a RINA group company. RINA is expanding its oil and gas service operations.
The new JV company will provide sales, service for pumps used in shale oil, natural gas well completions. The company will be named later and should be operating by 2016.
Quanta Services Inc. (NYSE: PWR) has agreed to sell its fiber optic licensing operations to Crown Castle International Corp. (NYSE: CCI) for $1 billion in cash.
Schlumberger Ltd. and Australia's Spectrum ASA entered a cooperation agreement in which Schlumberger will acquire 50% ownership in the untapped hydrocarbon Pelotas Basin offshore Brazil.
New Orleans-based B&G Crane Holdings Inc. will buy shares of Edmonton, Alberta-based NCSG Crane & Heavy Haul Holdings Inc., B&G provides heavy haul equipment to refining, petrochemical and midstream markets.
Combined, maintenance, repair and overhaul company Houma Armature Works and industrial technology company Ward Leonard will provide the industry with purpose-built motor and generator service solutions.
|Mid||USD 13800||Members only||Williams Partners LP|
|E&P||USD 75.2||Members only||Undisclosed|
|E&P||USD 0||Members only||Undisclosed|
|E&P||USD 17||Members only||Undisclosed|